INTANGIBLE FRANCHISE RIGHTS AND GOODWILL

The following is a roll-forward of the Company’s intangible franchise rights and goodwill accounts by reportable segment:



	Intangible Franchise Rights
	U.S.			U.K.			Brazil			Total
	(In thousands)
BALANCE, December 31, 2012	$	187,568		$	8,490		$	—		$	196,058
Additions through acquisitions	40,038			—			90,696			130,734
Disposals	(5,826		)	—			—			(5,826		)
Impairments	(5,368		)	—			—			(5,368		)
Currency translation	—			169			(14,262		)	(14,093		)
BALANCE, December 31, 2013	216,412			8,659			76,434			301,505
Additions through acquisitions	60,122			—			2,490			62,612
Purchase price allocation adjustments	(2,114		)	—			(9,061		)	(11,175		)
Disposals	(12,075		)	—			—			(12,075		)
Impairments	(4,843		)	—			(24,085		)	(28,928		)
Currency translation	—			(502		)	(7,490		)	(7,992		)
BALANCE, December 31, 2014	$	257,502		$	8,157		$	38,288		$	303,947



	Goodwill
	U.S.			U.K.			Brazil			Total
	(In thousands)
BALANCE, December 31, 2012	$	564,804		$	17,580		$	—		$	582,384		(1)
Additions through acquisitions	54,131			1,546			121,644			177,321
Disposals	(6,333		)	—			—			(6,333		)
Currency translation	—			476			(16,411		)	(15,935		)
Tax adjustments	(134		)	—			—			(134		)
BALANCE, December 31, 2013	612,468			19,602			105,233			737,303			(1)
Additions through acquisitions	103,924			16,802			—			120,726
Purchase price allocation adjustments	1,459			—			4,536			5,995
Disposals	(16,828		)	—			—			(16,828		)
Impairments	(312		)	—			(1,813		)	(2,125		)
Currency translation	—			(1,266		)	(13,359		)	(14,625		)
Tax adjustments	(69		)	—			—			(69		)
BALANCE, December 31, 2014	$	700,642		$	35,138		$	94,597		$	830,377		(1)

⁽¹⁾Net of accumulated impairment of $42.4 million

The increase in the Company’s goodwill in 2014 was primarily related to the goodwill associated with the purchase of seven dealerships in the U.S. and three dealerships in the U.K.

The increase in the Company’s goodwill in 2013 was primarily related to the goodwill associated with the purchase of nine dealerships in the U.S., four dealerships in the U.K. and 18 dealerships in Brazil.

The increase in the Company’s intangible franchise rights in 2014 and 2013 was primarily related to the acquisitions in the U.S. and Brazil described above. The allocation of the purchase price for the 2014 acquisitions, including the valuation of intangible franchise rights and goodwill, is preliminary and based on estimates and assumptions that are subject to change within the purchase price allocation period.